Lawyer Profile Detail
David E. Woollcombe
David Woollcombe is a partner in the Toronto office and co-head of the firm’s Mergers & Acquisitions group.
Mr. Woollcombe has advised many Canadian and international businesses on acquisition, divestiture or reorganization transactions. He represented Mattel, Inc. on its acquisition of Mega Brands Inc., Direct Energy on the sale of its Ontario home services business, CIBC on the sale of approximately 50% of its Aeroplan credit card portfolio to TD Bank, Cara Holdings on its strategic financial partnership with Fairfax and the acquisition by Cara Operations of Prime Restaurants, Agrium on its acquisition of Viterra’s retail business from Glencore, JH Investments on its acquisition (with TPG and Oaktree) of Taylor Morrison and Monarch Homes, Score Media on its sale to Rogers Media and related spin-off, CIBC on its acquisition of an approximately $2 billion credit card portfolio from Citigroup's Canadian MasterCard business, Integrated Device Technology on its acquisition of Tundra Semiconductor, Advanced Micro Devices on its acquisition of ATI Technologies, Fairmont Hotels on its acquisition by Kingdom Hotels and Colony Capital, CP Ships in respect of a take-over bid made by TUI, Renasant Financial Partners in respect of the sale of its leasing business to Icon Capital and TD Bank on the transfer of its private equity business to Birch Hill.
Mr. Woollcombe has significant experience in corporate finance matters, having acted for issuers and investment dealers in a wide variety of cross-border and domestic public offerings and private placements. Transactions include convertible debt offerings by Fairmont Hotels and CP Ships (acted for issuer) and Northland Power and Summit REIT (acted for underwriters), multiple MTN issuances by GE Capital and Wells Fargo (acted for issuer), debt offerings by Shaw Communications, Brookfield Power, Thomson Reuters and Kimco (acted for underwriters) and equity offerings by Jubilant Draximage Inc. (formerly Draxis Health) and Score Media (acted for issuer) and Sandvine and Summit REIT (acted for underwriters).
Mr. Woollcombe acts regularly for major Canadian and U.S. insurance companies on secured and unsecured private placement transactions. Experience includes issues by Maple Leaf Foods, CML Healthcare, Boralex, CTV Specialty, Menu Foods, Husky Injection Molding Systems, Island Timberlands, Maple Leaf Sports & Entertainment and KCP.
Mr. Woollcombe regularly advises clients on governance matters and has assisted clients in structuring joint ventures and related shareholders agreements.
Mr. Woollcombe is listed in the Chambers Global Guide for expertise in corporate/mergers and acquisitions, the Best Lawyers in Canada directory in the areas of corporate, mergers and acquisitions and securities law; the International Financial Law Review Guide for expertise in mergers and acquisitions law; the International Who’s Who Legal Guide as a leading expert in mergers and acquisitions; the Canadian Legal Lexpert Directory as a leading lawyer in the area of M&A, corporate mid-market finance and private equity; the Legal Media Group’s Guide to the World’s Leading Private Equity Lawyers.
Mr. Woollcombe received his BA from Carleton University in 1986 and his LLB from Queen’s University in 1989. He was called to the Ontario bar in 1991. He spent part of 1995 on secondment to the Corporate Finance Branch of the Ontario Securities Commission. He has taught courses on directors’ duties at the Directors College and securities law at the University of Western Ontario and University of Windsor. He is a member of the board of directors and a Vice Chair of Prostate Cancer Canada.
McCarthy Tétrault Tops 2007 League Tables
Highest dollar value of completed deals for the year
Transactions & Cases
Shaw Communications closes C$800 million offering of senior notes
CIBC completes C$3.3 billion sale of 50% of its Aerogold VISA portfolio to TD Bank
Unison Engine Components completes sale of eight facilities to Dynamic Precision Group
Cara enters into strategic financial partnership with Fairfax and acquires Prime Restaurants
Diversinet completes C$3.5 million sale of its business to subsidiaries of IMS Health
Apollo Global Management completes US$2.4 billion acquisition of McGraw-Hill's education business
Score Media completes C$167 million sale to Rogers Media
Uranium One completes US$463.5 million bond offering in Russia
JHI Investment, TPG Capital and Oaktree Capital complete US$1.15 billion acquisition of Taylor Morrison and Monarch Homes
Shaw Communications completes C$300 million rate reset preferred share offering